November 11th, 2011
Universal Music Group owner Vivendi has agreed to buy the recording side of EMI for $1.9 billion, much higher than the $1.2 – $1.5 billion estimated price.
Sony/ATV will acquire the publishing side for $2.2 billion.
Universal is already of the largest of the major labels, so this acquisition may receive scrutiny from regulators. Impala has already expressed its intention to fight the combination of companies.